Made for the job or by the job? A lab-in-the-field experiment with firefighters

KRČÁL, Ondřej, Rostislav STANĚK a Martin SLANICAY. Made for the job or by the job? A lab-in-the-field experiment with firefighters. Research in Economics. Elsevier, roč. 73, č. 4, s. 271-276. ISSN 1090-9443. doi:10.1016/j.rie.2019.08.001. 2019.

Základní údaje

• Originální název: Made for the job or by the job? A lab-in-the-field experiment with firefighters
• Autoři: KRČÁL, Ondřej (203 Česká republika, domácí), Rostislav STANĚK (203 Česká republika, domácí) a Martin SLANICAY (203 Česká republika, domácí).
• Vydání: Research in Economics, Elsevier, 2019, 1090-9443.

Další údaje

• Originální jazyk: angličtina
• Typ výsledku: Článek v odborném periodiku
• Obor: 50201 Economic Theory
• Stát vydavatele: Spojené státy
• Utajení: není předmětem státního či obchodního tajemství
• WWW: URL
• Kód RIV: RIV/00216224:14560/19:00107633
• Organizační jednotka: Ekonomicko-správní fakulta
• Doi: http://dx.doi.org/10.1016/j.rie.2019.08.001
• UT WoS: 000499127400001
• Klíčová slova anglicky: risk preferences; high-risk occupations; self-selection; lab-in-the-field experiment
• Příznaky: Mezinárodní význam, Recenzováno

Anotace

A large body of evidence supports a negative association between risk aversion of workers and the level of risk they face in their occupations. This relationship could be explained by the self-selection of workers into jobs according to their risk preferences or by the effect on risk attitudes of occupations in which people face or witness dangerous situations. We use incentivized experiments to measure risk preferences among three different groups: experienced firefighters, novice firefighters, and students. We find that experienced firefighters are less risk-averse than novice firefighters, and these in turn are less risk-averse than students. The effects remain significant even after controlling for other relevant differences between these groups. Our findings suggest that the observed relationship between risk aversion and high risk occupations is not only a result of self-selection but also of people’s preferences being shaped by their work lives.

Návaznosti

• GA18-19492S, projekt VaV: Název: Vliv kvality bydlení na preference a chování: ekonomické experimenty s účastníky randomizovaného kontrolovaného experimentu

Investor: Grantová agentura ČR, The Effect of Housing on Preferences and Behavior: Lab-in-the-Field Experiments with Participants of a Randomized Controlled Trial